you know the economy is bad when Mr. Ed McMahon’s mansion is pending foreclosure. maybe he should call the last person he delivered a check to for a loan.

” Ed McMahon, who for decades appeared as Johnny Carson’s sidekick on the Tonight Show, is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, according to published reports.

The former Star Search host was $644,000 behind on payments on $4.8 million in mortgage loans when a unit of Countrywide Financial Corp. filed a default notice February 28 with the Los Angeles County Recorder’s Office, the Wall Street Journal first reported late Tuesday.”